NOT LISTED FOR SALE

2 Island View Terrace Ocean View, NJ 08230

Estimated Value: $447,022 - $583,000

4 Beds
2 Baths
1,488 Sq Ft
$342/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $275,000 $185 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,284/month

53 Days on Market

Highlights

  • Sun or Florida Room
  • Great Room
  • Patio
  • Corner Lot
  • Eat-In Kitchen
  • Living Room

About This Home

As of May 2016

Live at the shore without the price. Minutes from Ocean City and Sea Isle City beaches. Mrs. Clean live here! Immaculate 4 bedroom(one bedroom on the first floor) 2-1/2 bath home on a gorgeous corner lot that has been totally upgraded. Huge beach volleyball court, basketball court and stunning back yard are just a few amenities. Also features an updated kitchen and baths. wonderful 4 season sun room overlooking the wooded back yard for lots of privacy.

Last Listed By

Kathleen Williams

WEICHERT REALTORS - MOORESTOWN Listed on: 02/13/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,870

Year Built

  • 1983

Lot Details

  • 0.34

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Great Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Storage

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater

Additional Features

  • Patio
  • Corner Lot

Listing and Financial Details

  • Legal Lot and Block 00562 / 00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,870

Year Built

1983

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner
  • District Township: 04-Dennis Township
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1983

Interior Features

  • Appliances Included: Refrigerator, Washer, Dryer, Stove Electric
  • Interior Amenities: Fireplace- Gas, Storage, Fireplace- Wood
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 10
  • Other Rooms: Living Room, Dining Room, Kitchen, Eat-In-Kitchen, Laundry/Utility Room, Florida Room, Great Room

Exterior Features

  • Construction: Two Story
  • Exterior: Shingle, Vinyl
  • Outside Features: Patio

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 00562
  • Lot Size: 123x121
  • Lot Size Range: 10000-20000 SqFt

Tax Info

  • Taxes: > 3870

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2016
Closed on
May 6, 2016
Sold by
Hogan David and Hogan Michele M
Bought by
Denn Summer
Seller's Agent
Kathleen Williams
WEICHERT REALTORS - MOORESTOWN
List Price
$279,900
Sold Price
$275,000
Premium/Discount to List
-$4,900
-1.75%
Total Days on Market
53
Current Estimated Value
$509,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,006
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
Oct 1, 2003
Sold by
Bortel Shaun C
Bought by
Hogan David and Hogan Michele M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.25%

Purchase Details

Closed on
Jun 16, 2000
Sold by
Katsiff Christine H
Bought by
Bortel Shaun C and Bortel Dana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
8.24%

Purchase Details

Closed on
Jul 4, 1997
Sold by
Belluca Joseph
Bought by
Delong Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.86%

Purchase Details

Closed on
Dec 9, 1993
Sold by
Earlman Patricia
Bought by
Dell Stanley and Bellucci Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.78%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Denn Summer $275,000 Title Company Of Jersey
Hogan David $240,000 --
Bortel Shaun C $157,000 --
Delong Christine $137,500 --
Dell Stanley $136 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denn Summer $189,000
Previous Owner Hogan David G $140,000
Previous Owner Hogan David $114,000
Previous Owner Therrien Donna M $50,000
Previous Owner Hogan David $160,000
Previous Owner Bortel Shaun C $141,000
Previous Owner Delong Christine $110,000
Previous Owner Dell Stanley $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2016 05/06/16 Sold $275,000 -1.8% $185 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
02/13/2016 02/13/16 For Sale $279,900 -- $188 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,545 $241,600 $99,000 $142,600
2023 $5,272 $241,600 $99,000 $142,600
2022 $5,095 $241,600 $99,000 $142,600
2021 $4,731 $241,600 $99,000 $142,600
2020 $4,731 $241,600 $99,000 $142,600
2019 $4,617 $241,600 $99,000 $142,600
2018 $4,499 $241,600 $99,000 $142,600
2017 $4,448 $241,600 $99,000 $142,600
2016 $3,974 $212,500 $99,000 $113,500
2015 $3,870 $212,500 $99,000 $113,500
2014 $4,443 $298,800 $179,400 $119,400
Source: Public Records

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Source: Cape May County Association of REALTORS®

MLS Number: 168519

Cape May County Association of REALTORS®

APN: 11-00562-0000-00001